Month: June 2025

$302 Million Lost to Crypto Scams, Hacks, and Exploits in May: CertiK

Cryptocurrency investors lost more than $300 million to scams, hacks and exploits in May, according to blockchain security firm CertiK. The majority of those losses were related to code vulnerability exploits, which accounted for $229 million — a 4,483% rise on April. Phishing, which involves an attacker stealing a...
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ETH Rebounds Sharply From Intraday Lows, Signals Bullish Shift as $2,500 Holds

Ethereum continues to demonstrate notable resilience amid growing economic headwinds, maintaining its footing above the $2,500 support level despite intensified market volatility. The asset rebounded sharply from $2,472.84 to a session high of $2,547.92, with price currently holding near $2,514. Technical momentum remains intact as higher lows persist, supported...
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How James Wynn’s $100M Implosion Is Familiar Leverage Tale

Derivatives trader James Wynn emerged out of the woodworks a few weeks ago, flaunting 9-figure bitcoin positions on HyperLiquid as he went on a seemingly undefeatable run that culminated in around $100 million worth of profit. But that run, as is often the case with highly-leveraged crypto derivative trading,...
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SharpLink Shares Sink 30% After Last Week’s 2,000% Surge

Shares of SharpLink Gaming (SBET) slipped 30% in early trading Monday, giving back a small bit of last week’s 2,000% surge. The historic move higher — the stock moving from less than $3 to above $100 at one point — came following news that Sharplink was raising $450 million...
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The Dark Times Are Here. Where Is Bitcoin?

Bitcoin emerged in the darkness of the global financial crisis in 2008. The Bitcoin white paper represented a genuine breakthrough in thinking about coordinating complex systems in a decentralized environment. Though not every idea in it was new, Bitcoin’s combination was ground-breaking in its scope and potential for reliability....
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BNB Tests $660 Resistance as Price Forms Short-Term Bearish Pattern

Binance Coin (BNB) is holding steady above the $650 mark despite rising volatility in global markets sparked by escalating global trade tensions. The cryptocurrency briefly touched $664 before pulling back, but heavy trading volume suggests solid support at $650, according to CoinDesk Research’s technical analysis data model. The broader...
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USDT0 Introduces XAUt0, Modernizing Access to Gold with True Digital Ownership

[PRESS RELEASE – Road Town, British Virgin Islands, June 2nd, 2025] Today, USDT0, the unified liquidity network for Tether’s US dollar pegged stablecoin (USDt), announces the launch of XAUt0, the omnichain evolution of Tether Gold (XAUt), built to bring the largest gold-backed digital token to the world’s leading blockchains....
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